Category Archives: Estate Planning

Advance Care Planning for Gun Owners

Advance Care Planning for Gun Owners

A new tool can help gun owners and family members plan ahead for safe firearm use and transfers in the event of disability or death: The Firearm Life Plan, created by researchers at the University of Colorado and the Rocky Mountain Regional VA Medical Center in Denver. This facilitates advance care planning for guns — a […]

How Do I Revoke My New York Health Care Proxy?

How Do I Revoke My New York Health Care Proxy

A competent adult may revoke a New York health care proxy by: Notifying the agent or a health care provider orally or in writing or by any other act evidencing a specific intent to revoke the proxy; Execution by the principal of a subsequent health care proxy; or Divorce or legal separation of the principal […]

New York Remote Online Notarization Law

New York Remote Online Notarization Law

After a New York executive order (EO) temporarily allowed remote online notarizations as an emergency measure during the Covid 19 pandemic, a new state  law permanently legalizes it. The EO, which expired on June 24, 2021, allowed notaries in New York to sign documents using audio-video technology, instead of signing and notarizing documents in person […]

U.S. Gift Tax Exclusion Increases in 2022

U.S. Gift Tax Exclusion Increases in 2022

The annual exclusion on the federal gift tax will increase to $16,000 in 2022 from 2018 to 2021 the exclusion was $15,000. The general rule is that any gift is a taxable gift, except for: Gifts that is not more than the annual exclusion for the calendar year. Tuition or medical expenses you pay for […]

Avoid Common Estate Planning Mistakes

Avoid Common Estate Planning Mistakes

Are you writing a will or looking into estate planning? Avoid common estate planning mistakes listed in this article. Then, call our lawyers. Writing Your Own Will We are often asked whether a client can write his or her own will, and we strongly recommend against it. First of all, handwritten wills are not legal. […]

3 Questions About a Will

3 Questions About a Will

  Are you interested in the estate planning process? Check out these 3 questions about a will that we are asked often, then call us today. 1. Can You Write Your Own Will? We are often asked whether a client can write his or her own will, and we strongly recommend against it. First of […]